Business and Financial

Sep 21, 2008

August Issuance Sets New Record for Ginnie Mae Washington, DC Today, the Government National Mortgage Association (Ginnie Mae) announced that issuance for its Mortgage-Backed Securities (MBS) program increased to a record breaking $29 billion in August, the highest rate of…

Sep 21, 2008

Personal Finance Expert Suze Orman Featured in PSAs The Federal Deposit Insurance Corporation (FDIC) launched a national campaign designed to help consumers learn about the benefits and limitations of deposit insurance. The campaign's public service announcements (PSAs) will feature personal…

Sep 16, 2008

The Federal Trade Commission has returned approximately $12.7 million to consumers this week from a settlement with Andris Pukke and his companies, AmeriDebt, Inc. and DebtWorks, Inc. This consumer redress concludes the largest credit counseling/debt management deception case brought by…

Sep 16, 2008

WASHINGTON The Office of the Comptroller of the Currency and the Office of Thrift Supervision joined forces to issue a joint report today on the performance of approximately 60 percent of all first lien mortgages outstanding in the United States.…

Aug 26, 2008

Tokyo Ricoh Company, Ltd. (TSE: 7752, "RICOH")(President & CEO: Shiro Kondo) today announced that it has reached a definitive agreement with IKON Office Solutions, Inc. (NYSE: IKN, "IKON") to acquire IKON (the "Transaction") through RICOHs wholly owned U.S. distribution subsidiary,…

Aug 26, 2008

PostPath's Email and Calendaring Software to Enhance Cisco's WebEx Collaboration Platform SAN JOSE, Calif. - Building upon its commitment to provide a comprehensive collaboration portfolio, Cisco today announced its intent to acquire privately held PostPath, Inc., a provider of innovative…